
Haven Energy and Clean Energy Alliance (CEA) Launch Program Offering No-Cost Battery Storage for Eligible California Homeowners
The program is funded through California's $280 million Self-Generation Incentive Program Residential Solar & Storage Equity (SGIP RSSE), a state initiative designed to spur adoption of solar and storage systems.
Qualified homeowners approved for the SGIP rebate will receive a battery storage system and full installation at no out-of-pocket cost, with no additional monthly payments beyond their regular electricity bill. Funding is limited and awarded on a first-come, first-served basis. CEA estimates approximately 300 qualifying homeowners will receive home battery systems through this inaugural program.
Through the Battery Bonus Connect program, homeowners' batteries will also participate in a CEA–managed virtual power plant (VPP), operated on their behalf by Haven Energy. During periods of high demand, the VPP helps stabilize the grid and lower electricity costs by pooling stored energy from participating systems. Homeowners can expect 20% of their battery capacity to always be reserved for backup power, ensuring reliability while maximizing bill savings.
'We're excited to partner with CEA to add batteries for hundreds of their customers, lowering homeowner energy costs and providing backup power,' said Jeff Chapin, Haven Energy's chief product officer and co-founder. 'By installing and aggregating the customer-sited battery systems into a VPP, we will also reduce grid congestion, lower our reliance on fossil fuels, and accelerate California's optimization of renewables. Rather than sending surplus solar electricity to the grid in the middle of the day, we will store that electricity in the battery systems and discharge it during evening peak demand, reducing the need for natural gas generation.'
To qualify for the Battery Bonus Connect program, a homeowner must be a CEA residential customer, participate in CEA's PeakSmart Savers program, own their home, and have a household income at or below 80% of the Area Median Income (AMI), typically verified with a 1040 tax form. Enrollment in programs like CARE, FERA, or ESA generally indicates eligibility under the income requirement. The program does not require a credit check or place a lien on the property.
As part of enrollment, the program will assess your home's configuration, available space, and other factors to determine the technical feasibility of adding a home battery system to existing solar PV.
'The Battery Bonus Connect program is a meaningful step toward making clean energy solutions more accessible and available to all of CEA's customers,' said Greg Wade, CEO of Clean Energy Alliance. 'By partnering with Haven Energy, we're helping income-qualified customers with existing solar systems to gain the added benefits of battery storage – improving energy reliability, lowering electricity costs, and supporting a cleaner, more resilient grid. This program reflects CEA's commitment to an equitable and affordable clean energy future.'
About Haven Energy
Haven Energy is a climate technology company advancing the clean energy transition by scaling the adoption of distributed energy resources in underserved communities. Haven specializes in deploying solar and battery systems for single-family and multifamily homes, as well as small commercial and industrial businesses, through strategic partnerships with utilities, non-profits, and government agencies. These systems are integrated into aggregated virtual power plants (VPPs), enabling customers to monetize grid services' participation and significantly lower their electricity costs. For more information, visit www.havenenergy.com.
About CEA
Clean Energy Alliance (CEA) is a locally controlled, not-for-profit power provider serving over 250,000 customers in the cities of Carlsbad, Del Mar, Escondido, Oceanside, San Marcos, Solana Beach and Vista with a focus on sustainability, competitive rates and community reinvestment. CEA follows a community choice aggregation (CCA) model that allows local governments to purchase power to meet their community's electricity needs, offering an alternative to investor-owned utilities.
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Newsweek
3 hours ago
- Newsweek
Republican Rips Key Vote on Trump Bill as 'Power Move'
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Republican Representative Keith Self of Texas ripped a procedural vote taking place on the much-debated financial package dubbed the "big, beautiful bill" by President Donald Trump Wednesday night, saying he's a "no," as more talks are vital. Newsweek reached out to House Speaker Mike Johnson's office via email for comment. Why It Matters The attempted passage of Trump's fiscal initiative—the centerpiece of his legislative efforts—agonized party traditionalists and grassroots activists who have long campaigned on promises of fiscal restraint. Clashes over the bill also underscore significant fractures within the Republican Party as it aims to hold control of Congress amid mounting pressure from both establishment leaders and populist outsiders. The outcome of the final House vote on the bill will ultimately determine whether Trump's comprehensive policy package—including tax cuts, border security initiatives, and major spending realignments—becomes law, shaping his legacy and affecting millions of Americans. GOP Representative Keith Self of Texas is pictured as the House votes on a speaker during the first day of the 119th Congress, in the U.S. Capitol on January 3 in Washington, D.C. (Photo by... GOP Representative Keith Self of Texas is pictured as the House votes on a speaker during the first day of the 119th Congress, in the U.S. Capitol on January 3 in Washington, D.C. (Photo by) More What To Know According to PBS NewsHour Correspondent Lisa Desjardins on X, formerly Twitter, Self said while speaking to Newsmax that the procedural vote late Wednesday night is a "power move," adding its "a pressure move," as lawmakers "are still in the middle" of critical negotiations and compromise. Self posted on X Wednesday night during the procedural vote, writing, "I came to Washington to help rein in our national debt. In negotiations with House leadership, commitments were made to ensure the One Big Beautiful Bill would include key provisions, such as: - Matching every $1 of tax cuts with $1 of spending cuts. - Terminating Biden's Green New Scam. - Prohibiting taxpayer-funded experimental gender transition procedures." The Texas lawmaker added, "Senate broke the House framework, and then they stomped all over it. Now, House leadership wants to cram this broken bill down our throats by rushing it to the floor while in the middle of discussions, completely disregarding their promises." "The only way of making this right is by leadership adhering to their commitments and restoring, at a minimum, these three important issues from the House version," Self added. "While honoring one's commitment may be a rare commodity in Washington, each member of Congress is obligated to return home and explain their actions to the constituents they serve." Concluding, Self said, "Ultimately, this is an issue of morality. Abiding by our word is the only thing we have; therefore, as the bill currently stands, I voted against the rule. We have an incredibly rare opportunity to extend President Trump's tax cuts, begin restoring fiscal sanity by reducing spending to pre-COVID numbers and truly leave our country better than we found it." As House margins are razor thin, Republicans can only afford to lose three votes if all Democrats vote no, as expected. NBC News reports that lawmakers can switch their votes up until the last moment. With the GOP's narrow majority and key defections among both fiscal conservatives and moderates, the bill's fate reflects broader fractures inside the party over fiscal strategy and social spending. As the July Fourth self-imposed deadline by Trump looms, failure to pass the legislation could stall the president's second-term agenda and fuel ongoing leadership debates within the party. What People Are Saying Trump posted to Truth Social on Wednesday: "It looks like the House is ready to vote tonight. We had GREAT conversations all day, and the Republican House Majority is UNITED, for the Good of our Country, delivering the Biggest Tax Cuts in History and MASSIVE Growth. Let's go Republicans, and everyone else - MAKE AMERICA GREAT AGAIN!" Johnson, on X before the key vote: "President Trump KEPT HIS PROMISE to secure the border. Now Congress MUST do its part. The only way we keep the border secure and the American people safe is by passing the One Big Beautiful Bill. @HouseGOP, time to get it done." Vice President JD Vance posted to X on Wednesday: "The Big Beautiful Bill gives the president the resources and the power to undo the Biden border invasion. It must pass." What Happens Next The bill's fate remains uncertain Wednesday night, as the House is divided on the legislation. Should the bill pass, it would mark a major victory for Trump's policy agenda; if it fails, internal party strife and questions over leadership authority are likely to intensify, analysts speculate. If the procedural vote passes, Republicans can then debate the bill and bring it to the floor for a final vote.


Politico
18 hours ago
- Politico
The Big, Beautiful Bill is almost law. Will it deliver?
Presented by Editor's note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day's biggest stories. Act on the news with POLITICO Pro. Quick Fix The Senate finally passed President Donald Trump's 'big, beautiful bill.' Even though House leaders are hopping mad, they're still working overtime to try to pass the measure in time for the president's July 4 deadline. The question then will be whether Trump's signature legislative accomplishment can live up to the White House's hype. 'Our Country is going to explode with Massive Growth, even more than it already has since I was Re-Elected,' Trump posted on Truth Social shortly after Vice President JD Vance cast the tiebreaking vote to send the bill back to the House. Trump is banking that the tax breaks included in the megabill will unlock private investment and boost consumer spending, kicking off an extraordinary economic expansion that will help pay down deficits and provide relief from the tumult triggered by his trade and immigration policies. But as the legislation inches closer to his desk, the consensus view among budget and economic forecasters is that the administration has overstated the case on what the bill can actually deliver. 'It's very clear from the mainstream analysis that this bill will have only a modest impact on economic output,' said Kyle Pomerleau, a federal tax policy senior fellow at the right-leaning American Enterprise Institute. 'They can bet on significant economic growth, but it's not going to be the result of this bill.' Stephen Miran, the chair of Trump's Council of Economic Advisers, has projected that the legislation will lift gross domestic product by a whopping 4.6 to 4.9 percent over the next four years — and by 2.4 to 2.7 percent by 2034. Those estimates are way out of step with those of think tanks, as well as earlier projections by the nonpartisan Congressional Budget Office and Joint Committee on Taxation. Budget analysts and policy wonks say the CEA's work relies on optimistic assumptions — and opaque methodology — while disregarding potential negative effects from provisions that reduce after-tax income or scale back investment credits. They say the analysis books trillions in revenue from growth pegged to Trump's energy and regulatory policies, while ignoring risks that high tariffs and immigration restrictions pose to output. Tepid growth would be particularly problematic given the bill's likely effect on federal deficits —much to the chagrin of GOP budget hawks — which would put even more upward pressure on borrowing costs. The CEA's analysis presents the bill as a 'a magic money machine — and a big one,' said William McBride, the chief economist and Stephen J. Entin Fellow in Economics at the nonpartisan Tax Foundation. He said the CEA's work is 'misleading' and 'likely to confuse a lot of people, including lawmakers.' Miran, a former Treasury economist and top investment strategist at Hudson Bay Capital Management, has often provided intellectual heft to the administration's case for an agenda that has few defenders among mainstream .economists. He authored an influential paper during the transition that was viewed as a blueprint for the president's economic policies, and the White House has repeatedly leaned on his team's analysis to make a case for why the legislation is critical to the president's pro-growth goals. To be sure, economic forecasts are often imprecise or incorrect. Trump officials are quick to point out how the economy has already outperformed expectations during his first few months back in office. And in an appearance on CNBC's Squawk Box on Tuesday, Miran was critical of Congressional Budget Office projections of the megabill's long-term effects, claiming that they failed to adequately account for policies that would boost private investment and the supply of labor. The White House did not respond to a request for comment. But the gap between Miran's projections and those of the CBO, Joint Committee on Taxation and outside groups is still eye-popping. Pomerleau's estimate of the bill's effects puts GDP just 0.3 percent higher in the long run if the measure is signed into law. The Tax Foundation also anticipates modest growth. A Penn Wharton Budget Model estimate published shortly after the Senate bill's passage on Tuesday anticipates negative GDP growth over the next 10 years — with low- and moderate-income households bearing substantial losses. Ignacio González, an assistant professor of economics and co-director of the Institute for Macroeconomic and Policy Analysis at American University, also anticipates that the big, beautiful bill will result in a slight decline in long-term GDP. 'The CEA analysis is just not very good,' Pomerleau said. 'It's not accounting for enough, and it's making unwarranted assumptions.' IT'S WEDNESDAY — And I'm planning to write about immigration and the jobs report. Have thoughts? Let me know. And as always, send MM tips and pitches to me at ssutton@ Driving the Day All eyes on the House …. ADP will release its private sector employment report for June at 8:15 a.m. … Acting CFTC Chair Caroline Pham will participate in a fireside chat at City & Financial Global's City Week 2025 at 9:45 a.m. … Are you going to be in New York on July 15? — A few colleagues and I will be at the Glasshouse Chelsea that afternoon for a POLITICO and Breakwater Strategy event on how policy uncertainty has upended the investment world. We'll be chatting with policy and industry experts about geopolitical realignment, fundamental shifts in how governments engage with the private sector, and how technological advancements are affecting productivity and value creation. Tickets are limited, but if you're interested in attending, reach out to our events team at rsvp@ for details. More on O-Triple B — The changes made by the Senate could face significant pushback from 'dozens of House Republican holdouts who are wary that the bill doesn't deliver on key promises they've made to their constituents,' Meredith Lee Hill reports. — Here's Sen. Lisa Murkowski after she cast a critical 'yes' vote: 'I had to look on balance, because the people in my state are the ones that I put first,' the Alaska Republican said, per Lisa Kashinsky. 'We do not have a perfect bill by any stretch of the imagination. My hope is that the House is going to look at this and recognize that we're not there yet.' — Brian Faler has a great piece of analysis on how the bill may have made it easier for undocumented immigrants to invest in 'Trump Accounts' — new $1,000 savings vehicles for children born between 2024 and 2028. — The Senate ultimately scrapped a controversial excise tax that would have applied to certain wind and solar projects placed into service after 2027, Kelsey Tamborrino and James Bikales report. But the bill also terminates clean electricity investment and production tax credits for wind and solar projects placed in service after 2027 for certain projects. Fed File Powell says the quiet part — Federal Reserve Chair Jerome Powell said the central bank was on track to lower interest rates before Trump's tariffs took effect, Victoria Guida reports. The president has hammered Powell repeatedly over rate cuts — even acknowledging that his public pressure may complicate the Fed chair's ability to do so. There's a take — In a note to clients on Tuesday, economist Ed Yardeni hypothesized that there's a 'method to President Donald Trump's madness regarding Fed Chair Jerome Powell.' 'Trump has been hammering Powell almost daily recently because doing so is very effectively hammering the foreign-exchange value of the dollar,' he wrote. 'Trump wants a weaker dollar to boost US exports and depress US imports. He has said that he favored a weaker dollar many times in the past, but now he has found a way to achieve that: by beating up on Powell.' — The dollar has fallen by roughly 11 percent against a basket of foreign currencies this year. Trade How tariffs are hitting the mid-market — New research from JPMorgan Chase Institute has determined that mid-market firms — businesses with annual revenue between $10 million and $1 billion — are overexposed to high-tariff countries. Depending on where tariffs ultimately land, those firms could face direct tariff costs ranging from $29.6 billion to $187.7 billion. Jobs report Celia Winslow was named the next president and chief executive officer of the The American Financial Services Association. Winslow, who's been with the consumer credit industry organization for almost two decades, succeeds outgoing president and CEO Bill Himpler. Hadley Ott is now a research economist at the Council of Economic Advisors. He most recently was a policy analyst at MacIver Institute and an intern for the Center for Immigration Studies.


USA Today
2 days ago
- USA Today
Trump's tax cuts spurred economic growth. Big Beautiful Bill will do it again.
If Congress passes President Donald Trump's proposed tax cuts, we are confident that a surge in economic growth will help offset the federal deficit. The Senate is debating an extension of the Tax Cuts and Jobs Act of 2017 and passage of additional policies such as no tax on tips and overtime and a new tax credit on Social Security benefits. As the Senate considers these matters and assesses the appropriate level of spending cuts, the lessons of history provide an essential guide. Before Congress passed the Tax Cuts and Jobs Act (TCJA) in 2017, President Donald Trump's Council of Economic Advisers (CEA) examined a large, peer-reviewed literature to estimate the economic effects of the bill. CEA's key estimate at the time was that real median incomes would increase by $4,000 in the long run as businesses built new factories and created new jobs, boosting workers' wages along the way. In fact, incomes rose by $6,400 in just two years with across-the-board surges in economic activity before COVID-19 lockdowns temporarily upset the economic momentum created by the TCJA. It is interesting to us as economists that the 2017 White House modeling was confirmed by new evidence drawing on post-2017 data. A 2024 review by Michael Faulkender, deputy secretary at the Department of the Treasury, and Aaron Hedlund, chief economist at CEA, finds that the economy, in fact, outperformed expectations. Tax cuts will spur economic growth The economy today is even more responsive to tax changes than was projected by President Trump's CEA in 2017. As the Senate considers next steps, it first must accurately peg the effect of proposed changes against the correct counterfactual. If the extension of the Tax Cuts and Jobs Act of 2017, together with the other additional proposed measures, does not pass, the United States will experience the largest tax increase in our country's history. President Trump's current CEA has estimated that this would sharply slow economic growth, reducing GDP by 4%, costing 6.1 million full-time equivalent jobs and reducing federal revenues by roughly 6%. Perhaps the biggest drawback of the expiration of the TCJA would be the repeal of pro-growth business tax reforms, for businesses both small and large, that drive capital formation. Given the latest estimates from the literature evaluated in a CEA report published in May, the expectation is that passage of the One Big Beautiful Bill Act will result in an investment surge of up to 14.5%, driving real median incomes up by $10,000 relative to the scenario in which the TCJA is allowed to expire. Some arguments raised against the bill warrant a response. First, some say the tax cuts are fiscally irresponsible. The Congressional Budget Office estimates that the House version of the bill would reduce revenue by $3.7 trillion over 10 years and increase the deficit by $2.4 trillion. The Senate version, according to the CBO, would add $3.3 trillion to the debt over the next decade. Opinion: Here's the truth about Medicaid cuts. Republicans are doing what's right, morally and fiscally. The true budgetary impact, however, depends on whether the tax cuts generate growth, and from that additional economic activity, more revenue, as has been the case in the past. If growth rises to 3% propelled by administration policy, then revenue over the next decade will rise by $4 trillion relative to the total revenue that would be collected if growth averaged only 1.8%, which is the CBO's current estimate. That amount of revenue is more than the current CBO estimate of the total 'cost' of the House bill − a score that counts as a major cost simply leaving in place the tax cuts of 2017. Tariffs will help offset cost of tax cuts In addition, the CBO put out a separate score that the president's current tariff policies will raise $2.8 trillion over the next 10 years, which would help to offset the CBO's composite score of the bill. That number is not taken into account in the CBO's assessment of the tax bill. In 2017, opponents of the TCJA asserted that it would dramatically increase the deficit. In 2017, before the tax cuts, federal revenue relative to GDP was 17.1%. Despite the massive reduction in marginal tax rates, revenue relative to GDP in 2024 was the same: 17.1%. While the corporate tax rate was taken down from 35% to 21%, corporate tax revenue increased from 1.5% to 1.8% of GDP. So why have deficits skyrocketed? Tell us: This Fourth of July, are you proud to be an American? | Opinion Forum While revenues have kept up as a result of the economic activity the tax bill generated, spending today is roughly 3 percentage points of GDP higher than it was in 2017. The idea that the tax side of the equation is solely responsible for deficits is simply incorrect. Another argument raised is that the bill will cause inflation to pick up as growth takes off. Those with this view, of course, fail to account for the fact that a factory spending boom that increases U.S. production drives down inflation by increasing supply. The Biden administration threw fire on inflation with government spending and used skyrocketing regulations to impede supply. To see the effect of today's proposed policies, look no further than the 2017-19 acceleration in growth that was accompanied by low, stable inflation. A third argument raised is that the United States does not have enough workers to meet the demands of a fast-growing economy. But this is why the plan is to cut taxes and stimulate work for those citizens earning overtime, making tips or returning to the workforce after retiring. The evidence shows that these workers, who represent the bulk of the American middle and working class, are among the most responsive to tax policy in the overall economy. As businesses invest in the United States and create new job opportunities, the workers will be there and, as experience has taught us, be richly rewarded. Kevin Hassett is director of the White House National Economic Council. Stephen Miran is chairman of the White House Council of Economic Advisers.